Business Finance - Study Mode
[#491] In 2002, ICICI merged with ICICI Bank through a reverse merger process. The mam objective of the merger was to make ICICI a
Correct Answer
(C) Universal bank
[#492] Permanent working capital
Correct Answer
(C) is the amount of current assets
[#493] A(n) . . . . . . . . is the expected cash dividend that is normally paid to shareholders.
Correct Answer
(D) Regular dividend
[#494] Which of the following are the main features of an operating lease? (i) Operating lease is off-balance-sheet financing. (ii) The lease period is shorter than the useful life of the leased asset. (iii) The lease agreement will never have a cancellation clause. (iv) The operating lease is also called service lease.
Correct Answer
(C) (i), (iii) and (iv)
[#495] The main advantages of hedging are (i) Limiting losses (ii) Increases liquidity (iii) Lowers margin outlay (iv) Exchange rate fluctuations (v) Application of different tax rates (vi) Covering political risk in foreign investments
Correct Answer
(D) (i), (ii), (iii), (iv), (v) and (vi)